Speculation rife of strategic investor in SHUAA as DFM volumes jump | GulfNews.com:
"Shuaa Capital continued to be one of the most active stock in trade on Thursday amid speculation that a strategic investor may be buying the stock from open market.
Shares of Shuaa Capital ended half a per cent higher at Dh0.35, after hitting an upper circuit in the previous session. The total traded volumes continued to surge, and on Thursday shares worth Dh50 million were traded, making it the second most active stock in trade after Emaar Properties.
Shuaa Capital has shed 70 per cent of its value since 2014. It swung into a loss of Dh190.3 million in 2015 after reporting profit of Dh25.8 million in 2014."
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